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of <h1>Convention on Income Tax Applies to Trinidad and Tobago and India, Includes Future Similar Taxes and Law Changes Notification</h1> This Convention applies to taxes on income imposed by a Contracting State or its subdivisions, regardless of how they are levied. It includes taxes on total income, income elements, gains from property alienation, wages, and capital appreciation. Specifically, it covers Trinidad and Tobago's corporation tax, income tax, unemployment levy, and petroleum profits tax, as well as India's income tax and surcharges. The Convention also applies to any similar taxes introduced after its signing. Contracting States must notify each other of significant changes in their taxation laws.
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